Umicore wants to invest €500m in a battery recycling facility

Umicore is planning to embark on a major expansion of its battery recycling activities. The Belgian metals group is set to spend around €500m on building a large-scale plant with an annual capacity of 150,000 tonnes. This greenfield project is slated for commissioning in 2026 and will use the latest evolution in Umicore’s "pyro-hydro" technology. The company did not comment on where the plant would be located. ...

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